Oil rises on US-Iran tensions: 'Iran made a very big mistake!'

U.S. President Donald Trump walks in the Oval Office of the White House where he presented economist Arthur Laffer with the Presidential Medal of Freedom in Washington U.S

US officials have maintained that the Global Hawk was at least 21 miles outside Iranian airspace when it went down and did not enter Iranian airspace at any point during its flight.

Trump insisted it is up to the Iranian leadership how the current crisis plays out. Tehran repeated on Saturday that the drone was shot down over its territory.

Iranian officials told Reuters on Friday that Tehran had received a message from U.S. President Donald Trump through Oman overnight, warning that a U.S. attack on Iran was imminent.

US President Donald Trump said on Friday he aborted a military strike to retaliate for Iran's downing of the US drone because it could have killed 150 people, and signalled he was open to talks with Tehran.

Offering facilities to foreign forces in order to violate Iran's territory can not be accepted by the Islamic Republic, said Alireza Enayati, the director of the Iranian Foreign Ministry department for the Persian Gulf in the meeting.

Oil is rising amid reports Trump ordered strikes on Iran.

"Iranians will meet diplomacy with diplomacy, respect with respect and war with zealous defence", he said. Threatening the United States of America of a crushing military response, Iranian Armed Forces General Staff spokesperson Brigadier General Abolfazl Shekarchi told Tasnim News Agency that his country will not start a war but if the enemy fires the first bullet, the retaliation will be such that the attackers would not survive.

A senior commander of the elite Revolutionary Guards struck a similarly defiant note, in comments quoted by the Islamic Republic News Agency (IRNA).

Iran cautioned Saturday that it will "firmly" respond to any aggression or threat by the USA, a warning that comes after President Trump aborted a military attack while a US cyber team carried out a retaliatory digital strike against the regime.

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"It's possible that this infringement of the Americans was carried out by a general or some operators".

The Pentagon released a map of the drone's flight path indicating it avoided Iranian waters, but Iranian Foreign Minister Mohammad Javad Zarif on Saturday published maps showing the aircraft inside its territory when it was downed. Worldwide sanctions had been lifted under the pact in return for Tehran curbing its nuclear programme.

But the tensions reached a fever pitch in recent weeks after two oil tankers were attacked, supposedly by the Iranian forces as the regime flexes its muscles over tough sanctions that caused its currency to drop by about 60 percent in 12 months while food and drug prices are up 40 and 60 percent, respectively.

Both incidents happened near the strategic Strait of Hormuz, a major conduit for global oil supplies.

But while the military air strike was called off, U.S. Cyber Command launched a digital strike against an Iranian spy group on Thursday, Yahoo News reported.

Trump told there would be 150 likely casualties if USA attacked Iran; reaction from Fox News contributor Daniel Hoffman and Fred Fleitz. former deputy assistant to President Trump. Some other global airlines are taking related precautions.

Iran has said it will soon exceed worldwide agreed limits on its nuclear programme. France sent an envoy to Iran earlier in the week. Switzerland looks after USA interests in Iran.

"The Europeans will not be given more time beyond July 8 to save the deal", Mousavi said, referring to Iran's deadline of 60 days that Tehran announced in May.

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